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ZAP (OTCBB: ZAAP) Posts Profit, Record Sales for 2006

SANTA ROSA, CA -- (MARKET WIRE) -- November 14, 2006 -- Electric car pioneer ZAP (OTCBB: ZAAP), a
leader in advanced transportation and energy technologies, posted record
sales for the first nine months of 2006 as well as a net profit for the
quarter, thanks to results generated by its automotive distribution.

With electric cars sales now adding to its bottom line and record gas
prices driving demand, ZAP has posted a profitable quarter and record sales
for its 12-year history. Sales for the first nine months of 2006 were $9.9
million compared to $2.9 million for the prior year, an increase of $7.0
million or 272 percent. Net sales for the third quarter were $2.6 million
compared to $799,000 in 2005.

ZAP's spike in sales can be attributed to the launch of its automotive
marketing, including the new XEBRA electric car and pickup truck going on
display November 18 at the San Francisco International Auto Show. ZAP has
established an automotive dealer network to help expand its marketing for
electric vehicles. Sales for all of ZAP's electric transportation have
risen, from its ZAPPY3 electric transporters, to its scooters, mopeds,
bicycles, motorcycles, ATVs, dirt bikes, seascooters and more.

"With record sales and a net profit, ZAP is grateful to all the supporters
who believed in us for the past 12 years," said CEO Steve Schneider. "In
particular, we want to thank our dealers who are the true ambassadors of
electric transportation in communities across the country. The wheels of
progress are turning and ZAP is playing a vital role in the future of
transportation."

ZAP reported a net income of $305,000 for the quarter ended September 30,
2006 as compared to a net loss of $6.8 million for the quarter ended
September 30, 2005. Contributing to the profit was a gain on the
settlement of the Smart-Automobile LLC liability during the quarter.

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994,
delivering over 90,000 vehicles to consumers in more than 75 countries.
ZAP is at the forefront of fuel-efficient transportation with new
technologies including energy efficient gas systems, hydrogen, electric,
fuel cell, alcohol, hybrid and other innovative power systems. For more
information, visit http://www.zapworld.com.

Forward-Looking Statements

Statements in this press release that relate to future plans or projected
results of ZAP are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended by the Private
Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of
the Securities Exchange Act of 1934, as amended by the PSLRA, and all such
statements fall under the "safe harbor" provisions of the PSLRA. ZAP's
actual results may vary materially from those described in any
"forward-looking statement" due to, among other possible reasons, the
continued acceptance of ZAP's products, increased levels of competition,
new products and technological changes, ZAP's dependence on third-party
suppliers, intellectual property rights, and the realization of any of the
other risks described in ZAP's Annual Report on Form 10-KSB, or in any of
ZAP's other filings with the Securities and Exchange Commission. Readers of
this press release are cautioned not to put undue reliance on
forward-looking statements.